Investor Presentation | June 2019 A Publicly Traded Company: TKLS This Presentation (the “Presentation”) contains sensitive business and financial information. It is being delivered on behalf of the Company by Boustead Securities LLC (“BSL”). The sole purpose of this Presentation is to assist the recipient in deciding whether to proceed with a further inquiry of the Company. This Presentation does not purport to be all-inclusive or to necessarily contain all the information that a prospective investor may desire in evaluating a possible business transaction with the Company. By accepting this Presentation, the recipient agrees to keep confidential the information contained herein or made available in connection with any further inquiry of the Company. This Presentation may not be photocopied, reproduced or distributed to others at any time without the prior written consent of BSL. Upon request, the recipient will promptly return all materials received from the Company or BSL (including this Presentation) without retaining any copies thereof, all in accordance with the Confidentiality Agreement. This Presentation has been prepared for informational purposes relating to this transaction only and upon the express understanding that it will be used only for the purposes set forth above. Neither the Company nor BSL makes any express or implied representation or warranty as to the accuracy or completeness of the information contained herein or made available in connection with any further investigation of the Company. Each of the Company and BSL expressly disclaims any and all liability which may be based on such information, errors therein or omissions there from. The recipient shall be entitled to rely solely on the representations and warranties made to it in any definitive agreement and the due diligence that recipient conducts. In furnishing this Presentation, neither the Company nor BSL undertakes any obligation to provide the recipient with access to any additional information. This Presentation shall neither be deemed an indication of the state of affairs of the Company nor constitute an indication that there has not been any change in the Company or affairs of the Company since the date hereof, nor an indication that BSL has performed any due diligence on the Company or its affairs. This Presentation does not constitute an offer to sell or solicitation of an offer to buy securities in any jurisdiction where, or to any person to whom, it is unlawful to make such offer or solicitation in such jurisdiction. This Presentation includes certain statements, estimates and projections with respect to the anticipated future performance of the Company. Such statements, estimates and projections are based on significant assumptions and subjective judgment concerning anticipated results. These assumptions and judgments are inherently subject to risks, variability and contingencies, many of which are beyond the Company’s control. These assumptions and judgments may or may not prove to be correct and there can be no assurance that any projected results are obtainable or will be realized. Actual results likely will vary from those projected, and such variations may be material. In addition, this Presentation does not describe certain risks associated with the Company’s business. All communications or inquires relating to the Company or this Presentation should be directed to the representative of Boustead Securities LLC. No personnel at the Company may be contacted directly unless expressly permitted by Boustead Securities LLC. © 2019 All rights reserved. This is not a solicitation or offer to purchase or sell securities. Please see the offering documents for further risks and disclosures. Trading Symbol: TKLS For illustrative purposes only. There is no guarantee that any specific outcome will be achieved. 2 Offering Terms Use Of Proceeds Amount: $4.025 Million Well-defined strategy incorporating: Price: $0.35 Unit Unit Includes: 1 share common/1 warrant • More sales professionals Warrant Price: $0.50 exercise opening additional markets Warrant Expiration: 5 years • Enhanced marketing Early Redemption: Redeemable at $0.10 and branding per warrant at Company’s option (subject • Production capacity and to notification and exercise by holder). additional inventory Total Issuance: 11.5 million units = 11.5 • Increasing gross margin million common shares and 11.5 million • Public and investor relations warrants Minimum Offering: $750,000 See disclosures on Slide 2. Past performance is not indicative of future results. Investments in private placements may be illiquid, speculative and you may lose your entire investment. This is not a solicitation or offer to purchase or sell securities. Please see the offering documents for further risks and disclosures. Trading Symbol: TKLS For illustrative purposes only. There is no guarantee that any specific outcome will be achieved. 3 trutankless, Inc. develops, manufactures and distributes electric tankless water heating systems in the United States. $4B U.S. Water Heater Market, driven by: Recent government regulatory changes Consumers’ desire for more efficient technology Connected home environment are driving demand *Award-winning, ‘best-in-class’ product modernizing tankless water heating by promoting energy conservation and long- term savings Full commercialization with blue-chip manufacturing partner and wholesale distribution with plumbing services franchises and homebuilding companies as clients Solid foundation for growth with 34 U.S. patent claims granted See disclosures on Slide 2. Past performance is not indicative of future results. Investments in private placements may be illiquid, speculative and you may lose your entire investment. This is not a solicitation or offer to purchase or sell securities. Please see the offering documents for further risks and disclosures. For illustrative purposes only. There is no guarantee that any specific outcome will be achieved. Trading Symbol: TKLS *Source: 2014 IBF Best Home Technology Award 4 Nearly half of the 8.75 million water heaters sold in 2018 are fueled with electricity* Billion $4 U.S. Water Heater Market* Electric vs. Gas Sales Primary Industry Drivers New government efficiency standards Improved technology is driving down costs 51% 90% of the market is replacement of older Residential gas automatic water heating systems vs. new housing storage water heaters construction Three Large Tank Manufacturers represent 90% of the marketplace Rheem 49% AO Smith Residential electric automatic Bradford-White storage water heaters Target Market No significant electric whole home tankless manufacturers See disclosures on Slide 2. Past performance is not indicative of future results. Investments in private placements may be illiquid, speculative and you may lose your entire investment. This is not a solicitation or offer to purchase or sell securities. Please see the offering documents for further risks and disclosures. For illustrative purposes only. There is no guarantee that any specific outcome will be achieved. Trading Symbol: TKLS *Source: http://ahrinet.org/App_Content/ahri/files/Statistics/Monthly%20Shipments/2018/December_2018.pdf 5 Market growth is being driven by recent regulations and consumer demand for lower cost solutions. Regulations That Have Increased Standards Costs of Operation and Failure Traditional water heating systems are the 2nd most costly appliance in the average home Average U.S. Household Energy Consumption & Costs Enacted regulations in April 2015 5% | $134 | Lighting that require higher energy efficiency standards 8% | $217 | Other 10% | $278 | Refrigerator & Other Major Appliances To meet the standards, manufacturers must increase the size of the appliances… 32% | $867 | Water Heating …ultimately requiring a larger storage tank and more space 45% | $1,242 | Air Conditioning & Space Heating for installation Operating costs go up as equipment ages and becomes less efficient System failure can cost thousands of dollars in Source: National Appliance Energy Conservation Act of 1975, water damage as amended in April 2015 See disclosures on Slide 2. Past performance is not indicative of future results. Investments in private placements may be illiquid, speculative and you may lose your entire investment. This is not a solicitation or offer to purchase or sell securities. Please see the offering documents for further risks and disclosures. Trading Symbol: TKLS For illustrative purposes only. There is no guarantee that any specific outcome will be achieved. 6 trutankless® water heaters are engineered to outperform and outlast both its tank and tankless predecessors in energy efficiency, output and durability trutankless® was designed with the modern family in mind, supplying endless hot water for the entire house. Environmentally friendly Saves energy Saves space Saves money trutankless® systems aim to operate at 99% efficiency. Engineered highly accurate sensors, robust solid state electronics, and proprietary software power one of the most efficient heat exchangers ever produced. trutankless® is compatible with recirculation pumps. STATE OF THE ART, *BEST-IN-CLASS, HIGHLY SOPHISTICATED ENGINEERING PRODUCT See disclosures on Slide 2. Past performance is not indicative of future results. Investments in private placements may be illiquid, speculative and you may lose your entire investment. This is not a solicitation or offer to purchase or sell securities. Please see the offering documents for further risks and disclosures.